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F-1.3 - Act respecting the financing of commercial fishing

Section 7
Disposition versions

Full text
7. (Repealed).
R. S. 1964, c. 210, s. 7; 1966-67, c. 57, s. 2; 1973, c. 35, s. 1; 1979, c. 27, s. 4; 1987, c. 70, s. 1; 1990, c. 63, s. 5; 2000, c. 61, s. 5.
7. The advances, loans and loan guarantees provided for in section 5 are taken out of the consolidated revenue fund, up to the amount of $3 000 000 per fiscal year.
The amount of $3 000 000 mentioned in the first paragraph is increased, for each of the fiscal years 1973/1974, 1974/1975 and 1975/1976, to the amount of $4 500 000 and, from the fiscal year 1979/1980, to the amount of $10 000 000.
From the fiscal year 1987-1988, the advances or loans shall be taken out of the consolidated revenue fund, up to the amount of $10 000 000 per fiscal year and the loan guarantees shall be taken out of the consolidated revenue fund, up to an amount that, including the amount of the advances and loans granted for a fiscal year, does not exceed $30 000 000 per fiscal year.
From the fiscal year 1990-91, the advances or loans granted under section 5 and the loan guarantees granted under section 6.1 shall be taken out of the consolidated revenue fund, up to the amount of $10 000 000 and of $4 000 000, respectively, per fiscal year, and the loan guarantees granted under section 5 shall be taken out of the consolidated revenue fund, up to an amount that, including the amount of advances and loans granted under section 5 and loan guarantees granted under section 6.1 in a fiscal year, does not exceed $30 000 000 per fiscal year.
R. S. 1964, c. 210, s. 7; 1966-67, c. 57, s. 2; 1973, c. 35, s. 1; 1979, c. 27, s. 4; 1987, c. 70, s. 1; 1990, c. 63, s. 5.
7. The advances, loans and loan guarantees provided for in section 5 are taken out of the consolidated revenue fund, up to the amount of $3 000 000 per fiscal year.
The amount of $3 000 000 mentioned in the first paragraph is increased, for each of the fiscal years 1973/1974, 1974/1975 and 1975/1976, to the amount of $4 500 000 and, from the fiscal year 1979/1980, to the amount of $10 000 000.
From the fiscal year 1987-1988, the advances or loans shall be taken out of the consolidated revenue fund, up to the amount of $10 000 000 per fiscal year and the loan guarantees shall be taken out of the consolidated revenue fund, up to an amount that, including the amount of the advances and loans granted for a fiscal year, does not exceed $30 000 000 per fiscal year.
R. S. 1964, c. 210, s. 7; 1966-67, c. 57, s. 2; 1973, c. 35, s. 1; 1979, c. 27, s. 4; 1987, c. 70, s. 1.
7. The advances, loans and loan guarantees provided for in section 5 are taken out of the consolidated revenue fund, up to the amount of $3 000 000 per fiscal year.
The amount of $3 000 000 mentioned in the first paragraph is increased, for each of the fiscal years 1973/1974, 1974/1975 and 1975/1976, to the amount of $4 500 000 and, from the fiscal year 1979/1980, to the amount of $10 000 000.
R. S. 1964, c. 210, s. 7; 1966-67, c. 57, s. 2; 1973, c. 35, s. 1; 1979, c. 27, s. 4.
7. The advances and loans provided for in section 5 shall be taken out of the consolidated revenue fund, up to a sum of three million dollars per fiscal year.
The amount of three million dollars mentioned in the first paragraph is increased, for each of the 1973/1974, 1974/1975 and 1975/1976 fiscal years, to four million five hundred thousand dollars.
The amount of any repayment of an advance or loan made under section 5 shall be paid into the consolidated revenue fund.
R. S. 1964, c. 210, s. 7; 1966-67, c. 57, s. 2; 1973, c. 35, s. 1.
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